Vincent Andrews, an analyst from Morgan Stanley, maintained the Hold rating on Dow Inc. The associated price target remains the same with $27.00.
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Vincent Andrews has given his Hold rating due to a combination of factors that reflect both challenges and opportunities for Dow Inc. The company’s earnings estimates have been adjusted, showing a slight improvement in expected losses for the upcoming quarters. This revision indicates some positive developments, such as cost reductions and lower maintenance expenses, which are expected to partially offset the negative impacts from factors like margin compression and operational disruptions.
However, Andrews also notes ongoing challenges that Dow Inc. faces, including the continuation of the Poly-6 outage and anticipated declines in polyethylene contract prices. While there are expected cost benefits from a savings plan, the uncertainty surrounding commodity prices and the timing of operational recoveries contribute to a cautious outlook. As a result, the Hold rating reflects a balanced view, acknowledging both the potential for improvement and the risks that remain in the near term.
Andrews covers the Basic Materials sector, focusing on stocks such as Ecolab, Cf Industries Holdings, and Dow Inc. According to TipRanks, Andrews has an average return of 1.8% and a 56.67% success rate on recommended stocks.
In another report released today, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $25.00 price target.